How much does an insurance adjuster bond cost in California?

SuretyBonds.com issues both public insurance adjusters and private insurance adjusters instantly for just $100. Simply click Buy Now to purchase your bond online using our secure bond checkout. It only takes a few minutes to be on your way to getting bonded as an insurance adjuster in California.

Bond Type

Bond Amount

Cost

$2,000
Private Insurance Adjuster Bond

$2,000

$100

$20,000
Public Insurance Adjuster Bond

$20,000

$100

Why do I need this bond?

Insurance adjuster bonds in California are put in place to ensure that principals (public insurance adjusters) conduct business faithfully, honestly and in compliance with the laws of the state. If the principal commits any malicious or wrongful acts while on the job, the bond protects any person harmed from financial loss up to the full amount of the bond. The adjuster must reimburse the surety for all damages paid out.

What’s the fine print?

California insurance adjuster bonds remain in full force and effect until canceled or violated.

Public adjuster bonds must run concurrently with the principal’s license, while private adjuster bonds can be canceled by the surety if the surety delivers written notice of cancellation to the commissioner at least 30 days prior to the effective termination date.

How to become an insurance adjuster in California

To become an insurance adjuster in California, applicants must complete the following requirements:

Submit application for individual adjuster license

Submit application for adjuster business entity license

Obtain $2,000 private adjuster or $20,000 public adjuster surety bond

submit application for branch office certificate, if applicable

Submit fingerprints

Pass licensing examination

pay all required fees

Public insurance adjusters must also complete an authorization application and sample contract form.